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Droneshield surges to fourth consecutive all-time high

DroneShield Ltd (ASX:DRO, OTC:DRSHF) surged 6.7% to a record $4.97, marking its fourth consecutive all-time high.

The stock has soared 45% this week following Monday’s announcement of expanded R&D and manufacturing capacity.

Year to date, shares are up 420%, fuelled by major defence contracts and heightened global demand for anti-drone systems amid conflicts in Ukraine and the Middle East.